WisdomTree, Inc. (NYSE:WT) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC cut its holdings in WisdomTree, Inc. (NYSE:WT - Free Report) by 5.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,921,003 shares of the company's stock after selling 105,234 shares during the quarter. Janus Henderson Group PLC owned approximately 1.31% of WisdomTree worth $20,171,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of WT. Quarry LP lifted its stake in shares of WisdomTree by 1,778.5% during the 4th quarter. Quarry LP now owns 2,799 shares of the company's stock worth $29,000 after purchasing an additional 2,650 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of WisdomTree by 173.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company's stock worth $39,000 after acquiring an additional 2,405 shares during the period. Federated Hermes Inc. grew its holdings in WisdomTree by 60.7% in the fourth quarter. Federated Hermes Inc. now owns 4,705 shares of the company's stock valued at $49,000 after purchasing an additional 1,777 shares during the period. Stonebridge Financial Group LLC purchased a new position in WisdomTree during the fourth quarter worth approximately $60,000. Finally, KBC Group NV boosted its holdings in shares of WisdomTree by 48.4% in the 4th quarter. KBC Group NV now owns 7,792 shares of the company's stock valued at $82,000 after purchasing an additional 2,540 shares during the last quarter. 78.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered their price target on shares of WisdomTree from $9.75 to $8.50 and set a "sell" rating for the company in a report on Monday, April 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $12.42.

WisdomTree Stock Performance

WT traded up $0.20 during trading on Monday, reaching $9.85. 1,013,152 shares of the company were exchanged, compared to its average volume of 1,558,738. The company has a current ratio of 2.92, a quick ratio of 2.13 and a debt-to-equity ratio of 1.28. The stock has a market cap of $1.45 billion, a P/E ratio of 31.77 and a beta of 1.07. WisdomTree, Inc. has a 52 week low of $7.47 and a 52 week high of $12.45. The firm has a 50 day moving average of $8.71 and a 200 day moving average of $9.74.

WisdomTree (NYSE:WT - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. The firm had revenue of $108.08 million for the quarter, compared to analysts' expectations of $108.47 million. During the same period last year, the firm earned $0.12 EPS. The firm's revenue was up 11.7% compared to the same quarter last year. On average, sell-side analysts forecast that WisdomTree, Inc. will post 0.72 EPS for the current fiscal year.

WisdomTree Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.22%. The ex-dividend date is Wednesday, May 14th. WisdomTree's payout ratio is currently 34.29%.

WisdomTree Company Profile

WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.